March 11, 2011
where can i get a free loan to start forex trading?
By Planet Wealth
please i need money to start forex trading please where can i get financial aid like NGO that help small business
Topics: trading tips | 4 Comments »
4 Responses to “where can i get a free loan to start forex trading?”
Comments
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March 11th, 2011 at 7:57 pm
Please don’t fall for loan sharks.
Trading forex with borrowed money is asking for distress. Stay out of it!
You’ve to know what you are doing, practise in demo account before going in – with own money.
Wishing you well.
March 11th, 2011 at 7:57 pm
There are fantastic answers already for this question of yours, but I just want to add a bit about this, It is really NOT Recommended that you do risky investment like Forex with a loan or debt from someone or some institution. If you are currently do not have huge amount of money to invest with, just invest small amount, there are tons of brokers out there that can accept micro account opening which only need a measly few hundred bucks or even smaller.
Just do your research of finding excellent one and you are ready to trade. Build your account from micro to mini’s, from mini to standard… and you’ll be on your way to riches with safe investment.
March 11th, 2011 at 7:57 pm
Firstly never trade in risky investments using debt, it might leave you between a hard rock and a hard place. If you’re new in Forex there are a couple of steps to follow before jumping in and trading. Firstly you need to learn the basics of forex this is an essential part because you’ll know what type of an investment you’re getting yourself into. I suggest you visit http://www.slideshare.net/Curtlectual/learn-forex-6508885 to read a excellent eBook on Forex for free.
Then you’ll need to open a demo account with a excellent forex site, the site will allocate to you practice money which you can use to practice trading. This will be essential as you’ll learn the ropes of Forex in general. Only once you have gone through an extensive learning process can you open a real trading account with real money. Even then you should never take out a loan to trade forex it won’t be smart. Best of luck.
March 11th, 2011 at 7:57 pm
Don’t get a loan to GAMBLE
that is exactly what FOREX trading is
its a GAMBLE!
Be aware of that fact before you loose ALL of your money.